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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: DuckTapeSunroof who wrote (42829)	4/20/2010 7:51:40 PM
From: TimF	Read Replies (1) \| Respond to of 71588

- because most of the big Union wage plans and whatnot will be renegotiated before then I suspect that more likely this specific tax increase will be delayed and pushed back again and again, or some sort of other special deal for unions will be worked out, at least assuming the Democrats are still in power over this time frame. But that's just one of the tax increases. This will allow people to choose to spend their OWN MONEY for extra-cushy health insurance (if that is what they want to do), Sure it still allows them to do so, but it gives a specific penalty for doing it. And again your just focusing on one of many increases as if it was the only point under consideration. As for the Medicare tax, I think any tax increase on investment is rather foolish, but even if you like higher taxes on investment as "more equal", its still a tax increase. You can make things "more equal" (in your estimation that apparently ignores the double taxation of corporate profits), by lowering ordinary income tax rates instead. Instead we get the same old tax and spend big government.